NOT LISTED FOR SALE

407 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $6,834,000 - $9,395,000

5 Beds
4.5 Baths
5,651 Sq Ft
$1,434/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2018

Last sale price $4,250,000 $752 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $47,398 / mo

Highlights

  • Property has ocean access
  • Up to 60-Foot Boat
  • Safe Room
  • Private Dock
  • Property fronts an intracoastal waterway
  • 3-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of September 2018

A resort-like paradise, just a few blocks from Atlantic Ave, surveying an entrancing wide waterscape, this impressive Intracoastal estate features no-wake yacht dockage. Versatile living/entertaining spaces overlook the infinity pool seeming at one with the waterway. Dramatic sky deck. Car collector's 5-vehicle garage with lifts. Extremely solidly built with impact-glass, generator, elevator.

Co-Listed By

Pascal Liguori

Premier Estate Properties, Inc License #3009820

Premier Estate Properties, Inc

Last Buyer's Agent

Kurt Lehmann

Lehmann Realty Inc. License #3176578

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,143

Year Built

  • Built in 2008

Lot Details

  • 11,578 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Fenced
  • Property is zoned R-1-AA

Parking

  • 5 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Parking Garage Space
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,651 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Intracoastal Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Roman Tub
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Safe Room
  • Security System Owned
  • Security Lights
  • Security Fence, Lighting or Alarms
  • Complete Impact Glass
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Hoist or Davit
  • Up to 60-Foot Boat
  • Private Dock
  • Balcony
  • Patio

Schools

  • Pine Grove Elementary School
  • Carver; G.W. Middle School
  • Atlantic High School

Utilities

  • Zoned Heating and Cooling System
  • Whole House Permanent Generator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434621010010095

Community Details

Overview

  • No Home Owners Association
  • Osceola Park,Marina District Subdivision

Amenities

  • Secure Lobby
  • Elevator

Recreation

  • Community Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,143

Year Built

Built in 2008

Lot Details

0.27 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: FLL606608
  • Co List Office Phone: 561-278-8188
  • Directions: E Atlantic Ave East to SE 7th Ave, right onto SE 7th Ave, home on the left side
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Boat Hoists/Davits,Private Dock,Unrestricted Salt Water Access, Electric Available,Hoist/Davit,Private Dock,Up to 60 Ft Boat,Water Available
  • Unit Levels: 3
  • Lot Size Acres: 0.27
  • New Construction: No
  • Building Stories: 3
  • Structure Type: House
  • Subdivision Name: OSCEOLA PARK,Marina District
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 4250000
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Cooking Island, Custom Mirrors, Elevator, Entrance Foyer, French Doors, Laundry Tub, Pantry, Pull Down Stairs, Roman Tub, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Wet Bar, Family Room, Game Room, Great Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 5651
  • Other Equipment: Automatic Garage Door Opener, Whole House Permanent Generator, Central Vacuum, Elevator, Natural Gas
  • Stories: 3
  • Window Features: Complete Impact Glass
  • Bedroom Features: Primary Bath Shower, Sitting Area - Primary Bedroom, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Family/Dining Combination, Formal Dining
  • Living Room Features: Family Room, Game Room, Great Room, Laundry, Pantry, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only, Tub Only

Exterior Features

  • Roof: Other Roof/Roof Structure, Tile, Concrete, Other, Tile Roof
  • View: Intracoastal View
  • Exterior Features: Balcony, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Fenced
  • Other Structures: Livable
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: Concrete
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Circular Driveway, Driveway, Parking Garage, Slab/Strip
  • Total Parking Spaces: 5

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator, Compressed Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Laundry Room, Utility Room/Laundry, Dryer Hook-Up, Washer Hookup
  • Security: Smoke Alarm, Smoke Detector(s), Safe Room, Fire Alarm, Owned Burglar Alarm, Security System, Smoke Detector, Lobby Secured, Burglar Alarm, Security Lights, Unit Alarm
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Amenities: Boat Dock, Elevator(s), None, Private Pool
  • Association: No
  • Community Features: None

Schools

  • Elementary School: Pine Grove
  • High School: Atlantic
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel Number: 12434621010010095
  • Lot Size Sq Ft: 11578
  • Zoning: R-1-AA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 48143

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2021
Sold by
Depenbrock Edward
Current Estimated Value
$7,598,109

Purchase Details

Listed on
Sep 20, 2018
Closed on
Sep 20, 2018
Sold by
Corelli John and Corelli Lynn
Buyer's Agent
Kurt Lehmann
Lehmann Realty Inc.
List Price
$4,499,000
Sold Price
$4,250,000
Premium/Discount to List
-$249,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$2,975,000
Outstanding Balance
$2,516,248
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,587,602

Purchase Details

Closed on
Jul 28, 2003
Sold by
Mclain Muriel
Bought by
Corelli John and Corelli Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Delray Beach, FL

  • Lauren Tzadik Real Estate Agent - Charles Rutenberg Realty FTL

    Lauren Tzadik

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    (516) 614-4221

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    $400,000 Price Range

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  • Isaac MorYossef Real Estate Agent - G & E Realty Group, Inc

    Isaac MorYossef

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    (954) 448-7497

    45 Total Sales

    1 in Downtown Delray Beach

    $378,000 Price

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  • Nicholas Grecco Real Estate Agent - Icon Realty Advisors LLC

    Nicholas Grecco

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    (754) 219-8816

    65 Total Sales

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    $900,000 Price Range

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  • Joseph Miranda Real Estate Agent - Miranda Executive Realty

    Joseph Miranda

    Miranda Executive Realty

    (954) 945-9306

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  • Jeff Gonzalez Real Estate Agent - Epique Realty Inc.

    Jeff Gonzalez

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    (561) 898-9449

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  • Andre Barrett Real Estate Agent - EXP Realty LLC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- -- Attorney
-- $4,250,000 Attorney
Corelli John $1,050,000 Patch Reef Title Company Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $2,975,000
Previous Owner Corelli John W $500,000
Previous Owner Corelli John $2,400,000
Previous Owner Corelli John $1,620,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $4,250,000 -5.5% $752 / Sq Ft
09/20/2018 09/20/18 For Sale $4,499,000 -- $796 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $65,715 $3,734,891
2024 $65,715 $3,629,632
2023 $66,222 $3,523,915 $0 $0
2022 $66,044 $3,421,277 $0 $0
2021 $66,399 $3,321,628 $0 $0
2020 $66,048 $3,275,767 $1,683,000 $1,592,767
2019 $74,774 $3,622,797 $1,785,000 $1,837,797
2018 $48,194 $2,423,657 $0 $0
2017 $48,143 $2,373,807 $0 $0
2016 $48,504 $2,324,982 $0 $0
2015 $49,831 $2,308,820 $0 $0
2014 $50,177 $2,290,496 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PL

    Seller Co-Listing Agent in 2018

    Pascal Liguori

    Premier Estate Properties, Inc

    (561) 414-4849

    35 in this area

    151 Total Sales

    Pascal Liguori
    Section Image
  • Kurt Lehmann Real Estate Agent - Lehmann Realty Inc.

    Buyer's Agent in 2018

    Kurt Lehmann

    Lehmann Realty Inc.

    (888) 644-3828

    10 in this area

    43 Total Sales

    Kurt Lehmann
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10465777

MIAMI REALTORS® MLS

APN: 12-43-46-21-01-001-0095

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

407 SE 7th Ave, Delray Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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